Best Buy (BBY) Insider David Kenny Buys 4,330 Shares

David Kenny Buys Best Buy Shares

Best Buy Co., Inc. ticker BBY on the NYSE saw insider activity on June 12, 2026, when David Kenny purchased 4,330 shares. The transaction added to recent insider moves at the specialty retail company during a busy stretch for executive stock trades.

More Insider Trades at Best Buy

The June buying by Kenny followed similar purchases earlier that day. Karen Mcloughlin bought 2,611 shares on June 12, 2026, and David Kimbell also picked up 2,611 shares on the exact same date. On the selling side, Richard Schulze offloaded 5,100 shares at $78.00 per share for a total value of $397,800 on June 16, 2026, and later sold 193,896 shares at $78.13 per share valued at $15,149,094.48 on June 25, 2026.

Best Buy Stock Valuation and Moving Averages

The shares change hands with a trailing P/E ratio of 15.5 and a forward P/E of 12.9. The company has a market capitalization of roughly $19.55 billion and a beta of 1.31, with the stock moving between a 52-week low of $55.10 and a high of $95.85.

Wall Street Analyst Ratings and Price Targets

Analyst firms have kept a close eye on the specialty retailer through late summer and early autumn. On August 28, 2026, UBS maintained its Neutral rating with a $90 price target, while Barclays kept an Equal-Weight rating and lifted its target to $85 from $77. Morgan Stanley maintained an Equal-Weight rating with a $90 target, DA Davidson kept a Buy rating with a $95 target, Guggenheim maintained a Buy with a $95 target, and Goldman Sachs held a Sell rating with a $71 target. Later, DA Davidson downgraded the stock to Neutral with a $95 target on September 8, 2026, and Evercore ISI Group maintained an In-Line rating while raising its target to $90 from $85 on September 29, 2026. Across the street, analysts maintain a consensus hold rating with a mean price target of $86.70.

Inside Best Buy Operations

Best Buy Co., Inc. operates as a major specialty retailer offering computing items, mobile phones, consumer electronics, appliances, and home theater equipment alongside installation and repair services through physical stores and websites like bestbuy.com. Headquartered in Richfield, Minnesota, the firm employs approximately 82,000 workers.

What to Watch at Best Buy Co., Inc.

Investors will track further regulatory filings and look toward the company's next earnings report scheduled for November 24, 2026, for updates on revenue and profit margins.